TSL Express Daily Articles & News

Beach Point Capital Management LP ("Beach Point"), a diversified alternative asset manager, today announced the close of over $1.25 billion of capital commitments across both BPC Opportunities Fund V LP (the "Opportunities Fund V") and BPC Real Estate Debt Fund ("BPRED"), which raised over $750 million and $545 million of investable capital, respectively.

Blank Rome LLP is pleased to announce that K. Terrell Hutchins has joined the firm’s New York office as an associate in the Finance, Restructuring, and Bankruptcy group. He joins the firm from Otterbourg P.C.

​King Trade Capital is pleased to announce the closing of a $1.8MM purchase order finance facility for an aerospace parts company in support of their newly awarded U.S. Air Force contract. The client approached King Trade Capital seeking a fast and flexible finance solution to support the acquisition and refurbishment of five nose landing gears required under the contract.

Republic Business Credit is pleased to announce the expansion of its legal team with the addition of Katie Hay as VP, Legal Analyst. She will report to VP, Legal Manager Christy Morgan and will be based in Republic’s New Orleans office.

Our client is a Houston-based fabricator focused on interior design for commercial spaces. After realizing that complex design projects were often overlooked or cut from the budget of construction projects, the owners combined their expertise and creativity to meet the need. The shop currently offers various services to the design community across Texas.

First Citizens Bank today announced that its Aerospace, Defense & Government Services business provided $50 million to Space Leasing International (“SLI”). Founded in 2023, Libra Group’s SLI is building on Libra’s 20+ years of aviation leasing experience to become the world’s first space leasing company dedicated to the full spectrum of space assets. First Citizens Bank has been a long-time, trusted banking partner of Libra Group and its subsidiaries, LCI and Lomar Shipping.

Laveran-Stiebar comes to Clifford Chance from Covington & Burling, bringing more than 25 years of experience in cross-border acquisitions and divestitures across a range of industries globally and in the US, with a particular focus on healthcare and life sciences. He's advised on a range of complex transactions including cross-border M&A, private equity investments, product sales and acquisitions and joint ventures involving multi-jurisdictional coordination, regulatory navigation and tailored structuring.

Mayer Brown announced today that Daniel Serota has joined the firm as a partner in New York, the latest in a series of new hires to join the firm’s global Corporate & Securities practice. Dan brings extensive corporate finance, M&A, and private equity experience and will co-lead Mayer Brown’s Financial Services Mergers & Acquisitions practice. He joins from Sidley Austin LLP.

B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced that Scott Yessner has been appointed Chief Financial Officer, effective June 3, 2025. Mr. Yessner, who has served as a strategic advisor for B. Riley Financial for the past two months, will succeed Phillip Ahn, who is departing to pursue another opportunity.

Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Source One Financial Services, LLC (“Source One”) to originate and purchase consumer recreational vehicle (“RV”) and marine loans. The initial pool is expected to be $250 million.

Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF), a leading manufacturer of specialized infrastructure and excavation equipment, is pleased to announce the closing of the acquisition (the “Acquisition”) of all the issued and outstanding shares in the capital of Custom Vacuum Services Ltd. (“CustomVac”) from 2624795 Alberta Ltd., an arm’s length party (the “Vendor”), pursuant to a share purchase agreement signed and dated today,

A leading beauty branding company recently secured a partnership with a celebrity, resulting in a surge in sales and a need for additional financial support. Referred by a member of a consumer product network, the company turned to Rachel Hersh, Sales Director North America at Prestige Capital, for assistance.

Exro Technologies Inc. (TSX: EXRO) ("Exro" or the "Company"), a leading clean technology company specializing in power control solutions for electric vehicles and energy storage, is pleased to announce a funding commitment from a long-term institutional shareholder (the "Lender") to provide up to US$30 million pursuant to a senior secured loan facility (the "Facility").

Zenzic Development Finance (ZDF), the residential development finance arm of Zenzic Capital, has obtained a three-year funding facility of up to £45 million from Cynergy Bank.

Earlier this week, Anthropic received a $2.5 billion, five-year revolving credit line to amp up its liquidity in an ever-expanding — and expensive — competition in the artificial intelligence industry.

CIBC Innovation Banking announced today that it has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The company will use the financing to continue growing its reach globally and expand product offerings to new and existing customers around the world.

Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today the final close of its most recent digital infrastructure fund, Blue Owl Digital Infrastructure Fund III ("ODI III") with $7 billion of total capital commitments. ODI III exceeded the original target of $4 billion and hit its hard cap.

GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) ("GreenPower" and the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the closing of the first tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $500,000 (the "Initial Loan"). Please refer to the Company's news release dated May 13, 2025 for more details regarding the term loan offering.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $5 million accounts receivable revolver facility for a private equity-owned commercial tree services company providing comprehensive vegetation management and brush maintenance services across the Pacific Northwest.

Avant Advisory Group is a premier, operationally focused financial advisory and management consulting firm. We focus on middle-market companies by combining our financial and operating skills with Big 4 firm and senior management industry experience to identify and implement value opportunities that increase cash flow, profitability, and EBITDA.